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9 <br /> LGC-205 CONTRACT TO AUDIT ACCOUNTS Rev. 11/2023 <br /> FEES FOR AUDIT SERVICES <br /> 1. For all non-attest services, the Auditor shall adhere to the independence rules of the AICPA Professional <br /> Code of Conduct (as applicable) and Government Auditing Standards,2018 Revision. Refer to Item 27 of <br /> this contract for specific requirements. The following information must be provided by the Auditor; contracts <br /> presented to the LGC without this information will be not be approved. <br /> Financial statements were prepared by: ❑✓ Auditor ❑Governmental Unit ❑Third Party <br /> If applicable: Individual at Governmental Unit designated to have the suitable skills, knowledge, and/or <br /> experience (SKE) necessary to oversee the non-attest services and accept responsibility for the <br /> results of these services: <br /> Name: Title and Unit/Company: Email Address: <br /> Gary Donaldson I CFO, Orange County gdonaldson@orangecountync.gov <br /> OR Not Applicable ❑ (Identification of SKE Individual on the LGC-205 Contract is not applicable for <br /> GAAS-only audits or audits with FYEs prior to June 30, 2020.) <br /> 2. Fees may not be included in this contract for work performed on Annual Financial Information Reports <br /> (AFIRs), Form 990s, or other services not associated with audit fees and costs. Such fees may be included in the <br /> engagement letter but may not be included in this contract or in any invoices requiring approval of the LGC. See <br /> Items 8 and 13 for details on other allowable and excluded fees. <br /> 3. The audit fee information included in the table below for both the Primary Government Fees and the DPCU <br /> Fees (if applicable) should be reported as a specific dollar amount of audit fees for the year under this contract. If <br /> any language other than an amount is included here, the contract will be returned to the audit form for correction. <br /> 4. Prior to the submission of the completed audited financial report and applicable compliance reports subject to <br /> this contract, or to an amendment to this contract (if required) the Auditor may submit interim invoices for <br /> approval for services rendered under this contract to the Secretary of the LGC, not to exceed 75% of the billings <br /> for the unit's last annual audit that was submitted to the Secretary of the LGC. All invoices for services rendered <br /> in an audit engagement as defined in 20 NCAC .0503 shall be submitted to the Commission for approval before <br /> any payment is made. Payment before approval is a violation of law. (This paragraph not applicable to contracts <br /> and invoices associated with audits of hospitals). <br /> Primary Government Unit Orange County <br /> Audit Fee (financial and compliance if applicable) $ 120,000.00 <br /> Fee per Major Program (if not included above) $ <br /> Additional Fees Not Included Above (if applicable): <br /> Financial Statement Preparation (incl. notes and RSI) $ <br /> All Other Non-Attest Services $ <br /> TOTAL AMOUNT NOT TO EXCEED $ 120,000 <br /> Discretely Presented Component Unit n/a <br /> Audit Fee (financial and compliance if applicable) $ <br /> Fee per Major Program (if not included above) $ <br /> Additional Fees Not Included Above (if applicable): <br /> Financial Statement Preparation (incl. notes and RSI) $ <br /> All Other Non-Attest Services $ <br /> TOTAL AMOUNT NOT TO EXCEED $ <br /> Page 7 <br />